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14 Feb
01:27

Malaysia's steel unit price rises in January

The officially reported unit price index of steel recorded an increase between 0.4%-3.3% for almost all areas in Malaysia in January as compared to the previous month, Kallanish notes.  The Department of Statistics Malaysia (DOSM) said in a statement that the average price per unit of steel, consisting of mild steel round bars and Mycon 60 high tensile deformed bars was MYR 3,664.51/tonne ($768.89/t). The price recorded a slight increase of 1% as compare…
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